We all know that big caps are growth-constrained and mid and small caps are where you find the real opportunities in the market. For example, a2 Milk has seen its share price jump more than 20 times in three years to give it an $8 billion market cap, taking it...
Show More

Last week we saw BWX, BKL, A2M, WTC, NCK, NAN and BIN all up 7% or more. BAL is up 85% in three months, A2M is up 83%, WTC is up 55%, BWX is up 28%, BLA is up 46%. The mid-cap sector is having a dream rally. A lot...
Show More

In the latest Morgans Startup Series, I spoke with Chris Heaslip , CEO of Pushpay. Pushpay improves sales and business processes by making payments simple. The company, founded in New Zealand has seen exceptional growth , and is now dual listed on the NZX and ASX under the code: PPH....
Show More

My latest podcast was with Brett Kelly , founder, CEO and the largest shareholder in Kelly+Partners Group Holdings Limited (ASX: KPG) - Brett tells the story of why he started the business, how it has achieved stellar growth as well the importance of culture, long term thinking, innovation and helping...
Show More

Reporting season can be a tumultuous time for investors, full of all the drama, intrigue and revelation of a good spy movie. This year, perhaps more than others in recent memory, we believe there is a heightened level of risk in three key areas of the broader market. Overlay this...
Show More

The market is thirsty for yield and it's definitely there to be exposed. In this analyst opinion piece we look at the themes coming out of reporting season thus far and the likely implications for the remainder of the companies reporting their results. http://www.clime.com.au/investing-report-archive/reporting-season-whats-hot/
Show More

For the last year or so the small cap part of the Australian share market (defined as stocks outside of the ASX 100 index) has been steadily outperforming their large cap brethren. The chart shows the relative performance of the Small Ordinaries price index against the ASX 20 price index,...
Show More

Star stock-picker, Charlie Aitken, thinks that stock markets may have peaked in April 2015. “It’s probably fair to say that the bull market is over. I think you have to pick stocks”. Most of the top 20 stocks are going backwards as there’s no growth in banks or resources. While...
Show More

Between the end of “reporting season” and mid December, we spend our time on the road visiting companies and looking for undiscovered gems. Visiting so many companies gives us a good feel for how the economy is performing. The reality is that it’s a mixed bag out there, but it’s...
Show More

Some of the recent moves in mid cap stocks are justified by the negative earnings revisions off leveraged balance sheets. If a stock is geared then a relatively small move in the earnings growth rate can have a more pronounced hit to that company’s equity. The other area of concern...
Show More